ANDE received the Paraguay Programming Mission 2024-2025 from the Development Bank of Latin America and the Caribbean - CAF

This Ande release was published using machine translation.

With the purpose of discussing and identifying opportunities for CAF to support the priorities of the Government of Paraguay for the years 2024-2025 in relation to investment needs to strengthen the country's electrical system, the President of ANDE, Mr. Félix Sosa, together with Executives of the Institution, met today, Thursday, June 13, with the delegation that makes up the Paraguay Programming Mission 2024-2026 carried out by the Development Bank of Latin America (CAF) in the country , and which was headed by Mr. Jorge Srur, Southern Regional Manager and CAF Representative in Paraguay.

The main objective of the meeting was to discuss the opportunities for CAF support for the investments contemplated in the ANDE Master Works Plan for the years 2024 to 2026, through the financing of transmission and distribution works. of electrical energy, among other projects in the electrical sector. In this regard, the president of ANDE highlighted that in the last three years the level of execution of investments has improved substantially, and for this year the goal is to reach the execution of 370 million USD, an investment greater than that of previous years.

Additionally, other topics of interest were addressed, such as the actions that the Institution has been carrying out in terms of reducing electricity losses and delinquencies, projects for diversification of the energy matrix with the participation of the private sector and projects to modify Art. 173 of the Penal Code, which will increase the penalties for Theft of electrical energy and on the modification of articles of Law No 6977/2023 2023 “Which regulates the promotion, generation, production, development and use of electrical energy from sources of Non-conventional, non-hydraulic Renewable Energies”, which will allow licenses and contracts for the acquisition of electrical energy for private investment to be increased to 30 years.

The CAF Mission was represented by: Ana Baiardi, Gender, Inclusion and Diversity Manager; Alberto Ñecco, CEO CAF-AM; Brenda Ciuk, Director of Operational Programming; Gabriela Castillo, Director of Portfolio Management of Productive Sectors; Nicolás Estupiñán, Director of Infrastructure Projects; Francois Borit, Southern Regional Management Advisor; Jennifer Arencibia, Senior Executive of the Operational Programming Directorate; Hernán Benítez, Senior Executive of the Representation of Paraguay; Ramiro Pascual, Principal Executive, Infrastructure Projects Directorate; Miguel Guzmán, Principal Executive, Directorate of Technical Advisory on Biodiversity and Climate; Víctor Vaca-Pereira, Principal Executive, Infrastructure Projects Directorate; and Antonio Martínez, Executive, Infrastructure Project Management.

On behalf of ANDE, Eng. Tito Ocariz Krauer, Technical Manager, participated; Eng. Francisco Escudero, Director of Planning and Studies; Engineer Maria de la Paz Barrail, General Secretary; Eng. Esteban Molinas, Director of Distribution; Eng. Gustavo Encina, Executive Director of the Smart Grids Project; Lic. Sonia Rojas, Financial Manager and Eng. Alan Achar, Director of the Presidential Cabinet.